Large Multinational Corporations Now Routinely Invest Enormous Sums in Research

question 36

Multiple Choice

Large multinational corporations now routinely invest enormous sums in research and development to increase their chance of being the first to bring innovations to market.Therefore,the time lag between new discoveries and technological application:

• A)is shrinking
• B)is increasing
• C)is remaining the same
• D)is unknown
• E)depends on the technological application

---

Definitions:

Depreciation Purposes

The allocation of the cost of an asset over its useful life for accounting and tax purposes.

Consolidation Worksheet

A tool used in accounting to combine the financial statements of a parent company with those of its subsidiaries, enabling a clearer overall financial picture.

Equity Method

An accounting technique used by companies to assess the profits earned by their investments in other companies, reflecting the profit share in their income statements.

Land Transfer

The process of transferring ownership of land from one party to another through sale, gift, or inheritance.